Venice, CA 90291 923 933 Venice Boulevard
$5,600,000
28 more
Presented By: Stephen Lampe with Re/Max Commercial & Investment; [email protected]
SQFT • 11,278
Home Details
923-933 Venice Boulevard in Venice, CA, is a classic 1920s architectural apartment building. This property, located just a few blocks from Abbot Kinney and Venice Beach, offers an excellent location. It is adjacent to an 8-unit building also for sale by the same owner. The property provides additional passive income from a billboard lease, generating $4,400 per month. The zoning is C2/R4 TOC Tier 3, allowing for a maximum of 33 units.
Presented By: Stephen Lampe with Re/Max Commercial & Investment; [email protected]
Interior Features for 923 933 Venice Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 923 933 Venice Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.81
Carport Spaces0.0
Carport Y/NNo
CityVenice
Community FeaturesBiking, Curbs, Sidewalks
CountyLos Angeles
Days on Market78
DirectionsVenice Blvd JUST west of Lincoln
Electric Expense2770.0
Electric On Property Y/NNo
Entry Locationground
Fuel Expense5540.0
Garage Spaces0.0
Garage Y/NNo
Gross Income362527.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense7737.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7684.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MaintenanceExpense13500.0
MobileHomeRemainsYNNo
Net Operating Income213173.0
New ConstructionNo
NumberOfUnitsTotal15
Open Parking Spaces0.0
Operating Expense149354.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot11
Taxes$67,144
TermsCash, CashToNewLoan, Conventional
Trash Expense1600.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense2770.0
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningLAC2
Exterior for 923 933 Venice Boulevard
Building Area Total11278.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1764
Lot Size Area7684.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters15
Number of Separate Gas Meters15
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480